About 2/3 of the trading day done and volume likely to finish at its lowest for nearly two months. I guess as most shareholders want to be counted as 'Holders of Record', ahead of the vote. But interestingly, that last low volume day was followed by the share price more than doubling the next day...
- By - Region-Formal
Good way to understand what "Surviving one more day" will mean for those on the wrong side of all this.
Can't stop seeing stars
- By - Region-Formal
"Surviving one more day" explained to gamers
Gives 100 Reddit Coins and a week of r/lounge access and ad-free browsing.
- By - Region-Formal
Official Short Interest Percentage figures published by MSM is 126%. Here I present evidence, using publicly available data, that it could be much (MUCH!) more when including naked shorts...
A glowing commendation for all to see
I'm in this with you.
Let's sip to good health and good company
Thank you stranger. Gives %{coin_symbol}100 Coins to both the author and the community.
Tip of my hat to you
- By - Region-Formal
It may well be their game. And they really do think they will never lose. That is why they still keep shorting, even when these bets are getting more asymmetric by the day. But it is precisely this arrogance that will lead to their downfall. Overconfidence and underestimating is their Achilles' Heel
- By - Region-Formal
It's Back BBBY, Updated Share Count 3/24/2023 (Last Update Before R/S Will Be Monday)
An amazing showing.
When you follow your heart, love is the answer
A golden splash of respect
A glittering stamp for a feel-good thing
Can't stop seeing stars
I'm catching the vibration
A glowing commendation for all to see
I'm in this with you.
Boldly go where we haven't been in a long, long time.
- By - The_Brand94
SFW Repost: 69,420 shares locked away.
Can't stop seeing stars
For love at first sight. Gives %{coin_symbol}100 Coins to both the author and the community.
A glowing commendation for all to see
I needed this today
A golden splash of respect
I'm catching the vibration
I'm in this with you.
Listen, get educated, and get involved.
A glittering stamp for a feel-good thing
- By - TrippingPiccadilly
According to computershared.net, the "free float" has now been traded today.
A glowing commendation for all to see
- By - spank_that_hedge
TTM Squeeze (daily time frame) technical indicator, a combination of Bollinger Bands and Keltner Channels, is likely to turn positive in the next couple of days. Here is my research into what has happened on the last 12 occasions we saw this over the last three years.
I'm in this with you.
- By - Region-Formal
Can someone explain why the reverse stock split may be bullish?
I'm in this with you.
Add my power to yours.
- By - SpookDaddy-
Why did Hudson Bay Capital reveal themselves only last week?
A glowing commendation for all to see
I'm in this with you.
This goes a long way to restore my faith in the people of Earth
A golden splash of respect
A glittering stamp for a feel-good thing
Can't stop seeing stars
- By - Region-Formal
As per u/Zotalo's post, reverse splitting can help make a spinoff's price more attractive. But there's another important reason: a spinoff would usually need to be minimum $4 to have its own listing. Thus a 5-to-1~10-to-1 reverse split can help facilitate a 1:1 spinoff (BABY?)
A glowing commendation for all to see
- By - Region-Formal
We need to pay better attention to the details. The Mystery "extra shares Outstanding".
I'm in this with you.
This goes a long way to restore my faith in the people of Earth
A glittering stamp for a feel-good thing
Boldly go where we haven't been in a long, long time.
Thank you stranger. Shows the award.
A golden splash of respect
C'est magnifique
Let's sip to good health and good company
A glowing commendation for all to see
For an especially amazing showing.
You look amazing, glowing, incredible!
2000 IQ
I'm genuinely flabbergasted.
Did somebody say 'Murica?
Beauty that's forever. Gives %{coin_symbol}100 Coins each to the author and the community.
- By - Excitedbox
Filing calling for shareholder vote for proposed reverse split.
Listen, get educated, and get involved.
- By - Edawg661
I see many comments about a CUSIP number change due to Reverse Split forces shorts to close. As per this post below, regarding a past Reverse Split of a heavily naked shorted stock, that is likely incorrect. Both a CUSIP number change AND a company name change seems to be required:
- By - Region-Formal
Remember all those hype Gamma Ramp posts?? Well, 530k call options expire worthless today. Free money to the MMs.
A glowing commendation for all to see
- By - DJLowKey
I think I see the forest through the trees here. Here is what has transpired and what I think comes next.
Let's sip to good health and good company
A glowing commendation for all to see
I'm in this with you.
- By - apewithabrain1
Some of you are still skeptical about short squeezes. You think they happen very rarely, and only a lucky few have ever profited off them. You believe it could never be YOU. Well, let me show that 'miracles' DO happen, a lot more often that you think, and all in ways that $BBBY has in its favour!!!
Shows the Silver Award... and that's it.
Everything is better with a good hug
A glowing commendation for all to see
I'm in this with you.
I'm buying what you're selling
This goes a long way to restore my faith in the people of Earth
I needed this today
A golden splash of respect
A glittering stamp for a feel-good thing
For an especially amazing showing.
To the MOON.
Can't stop seeing stars
Show nature some love.
I don't need it, I don't even necessarily want it, but I've got some cash to burn so I'm gonna get it.
Let's sip to good health and good company
He do be dancing though
Boldly go where we haven't been in a long, long time.
Prayers up for the blessed.
So buff, wow
Extra life
I can't help but look.
2000 IQ
My valentine makes my heart beat out of my chest.
Did somebody say 'Murica?
Historical anomaly - greatest in eternity.
- By - Region-Formal
Pleasant surprise this morning! TTM Squeeze technical indicator has suddenly turned 'red', signaling a squeeze is imminent. I have been patiently waiting for this for weeks, as it has been a precursor on most BBBY price runs.
A glowing commendation for all to see
A glittering stamp for a feel-good thing
Keep the community and yourself healthy and happy.
*Lowers face into palm*
- By - Region-Formal
What did i start with my comment, hahaha
https://giphy.com/gifs/8gRgYeXD3rKUcjWlzB
i thought this was a shitpost until i looked at the nft gif and he really does wink. this matrix stuff is gettin wild
😄
I bet you could look at the senior employees list of any of the major Hedge Funds, and find at least one person that has previously worked at each and every one of the major US-headquartered Wall Street Prime Brokers (GS, JPM, BOA, MS, WF, Citi) and Market Makers (Citadel, Virtu, Jane Street).
Because you said: "that last low volume day was followed by the share price more than doubling the next day...", but where´s the information in that ??? Because the volume had been even lower than that and the share price hadn´t doubled !
Well, I did say in the title of the post that it was looking at daily volume over the last couple of months only, and not before that. And in any case, this is my "theory" of what a few low volume days could result in for the price action:
But the volume had been similarly low two & three days before the day you´re mentioning. I mean, if we want it to be correct :)
Not really. Last week's volume was much higher than today, on each day:
Wohoo.....glad you liked it :)
what about the actual number of shares they reportd after the documents they released? 330 million outstanding shares???
Short Interest is calculated using the Float. Even if Shares Outstanding increases, the Float does not necessarily change until it is reported to have increased or decreased. Which has not been the case with BBBY, and remains at a little over 65 million.
Float is calculated by taking the difference of outstanding shares and closely held shares.
This is a different topic to what the post was specifically about, but I think those additional shares will also become 'closely held' when the float gets recalculated with latest data.
When it comes to trading he’s probably right… which is why we used BUY & HODL investing to break the system 🦍🚀🌝🍻
Fair point!
Update 4513
Nice. Fucking Nice.
This is not something that I think they should do, but just thinking out loud...
They only have $100 million authorized for buybacks.
Yeah, as I said was just thinking out loud about what market mechanics would occur. Wasn't really tied to what has been authorised etc.
That's incredible.
OP - That's a one day chart. Do the 4 hour charts tell the same story.
Basically all the various forms of TA point to a reversal. Which is not a surprise, given how much this thing has been driven down in recent weeks. The question is, whether there will be a let-up in the manipulation.
Every time this happened in the past, nothing happened
That's obviously not correct. On 15 out of the last 15 times, something has happened. And as the data I am sharing here shows, on 12 out of those times...it was a price run-up (almost always of at least $4 or more).
I guess this is the price for avoiding bk. Better this then bk. Am I wrong?
You're not wrong.
region-formal
All very plausible, and I hope it is correct!
You're a moron.
Right, this is an official filing... /s
[удалено]
TA data still absolutely points that way, yes.
[удалено]
You realise that all types of forecasting are based on probabilities? Meaning nothing is absolutely guaranteed, just different probabilities from just over 0% up to just under 100%. I wonder if you have experienced seeing a weather forecast for 80% chance of rain, and then it just being cloudy all day? Is that something to get terribly upset about?
If a spin-off would happen would we get anything out of it? Like shares from owning the current company?
Depends on the exact deal, but usually shares of the spun-off company (whilst keeping BBBY stock).
I made a DD post regarding AMCs upcoming Reverse Split and took a deeper look at the mechanics behind it (regardless the stock) and how an RS actually can not only expose but really stir things up for naked shorts - are we allowed to link to different subs here? Could apply for Bobby as well because of the naked shorts we just know about.
Yes, you can link on this sub. Please share, and feel free to send me the link to the post. Would be interested to read your findings on that topic.
This is patently false. 😆
Explain how.
Well, they could continue to short the shit out of it. I guess it's fine if your average is $1. But let's face it. No one's is.
"They" could. Others could, on the other hand, take actions that blow "them" out of the water.
in the same filing, they have a table showing beneficial ownership. it has blackrock with 12,332,491 and 3.7% quick maffs show 12,332,491 / .037 = 333,310,567.5675 SO .
bobsmith808
The charts are not indicating exactly. However I want to share my point here. Amc diluted shares in 2020 Dec and 2021 April, and squeeze occured end of next month. This is because short sellers used the diluted shares to cover their short positoona. Reverse stock split is also announced today and because CUSIP # will be changed, shorts are forced to cover their shorts. Check GREE August 2021.
I really hope you are correct, but I don't think a simple CUSIP number change by itself would force shorts to close. I just made this post below to explain why:
It does. Please read the filing. Here is cropped part of New Cusip change from today's BBBY SEC filing:
I think you misunderstood my comment. The CUSIP number would definitely change. But what I am saying is that this number change by itself would not force shorts to close their positions.
You realize it’s a vote right? On the record date you have a number of votes. I don’t care for the general outcome, I wanna see the number of votes
There are many posts on Superstonk about how votes get counted in shareholders meetings. Basically the number gets adjusted so as to be no more than the number of shares outstanding.
?
Yeah, this is my point. However I have already seen dozens of comments saying that the Reverse Split would result in a CUSIP change, and thus forcing shorts to close their positions.
For those unfamiliar with what a CUSIP number is, see below:
As a long time GME hodler....
But there is one kind of announcement that GME has not made, which BBBY could very well be in a position to make (or made for them, by an acqurer). That is a fundamental and existential change to the company's make-up. Therefore that type of event, which is not dependent on macro or external events, could very well lead to true price discovery.
Oh yeah any event with a cuisp change for that matter
Isn't it crazy that we had an exchange about such an event...and the company announces one within an hour???
🤞
15k shares at $1.12. let's go!!
Amazing.
Maybe the best DD I have seen here.
Well, it was FOMO that led to a Gamma Squeeze, that then forced a Short Squeeze.
This didn’t age well
Patience...